$112,000
SOLD JUN 14, 2019

574 Main St Unit 114 Damariscotta, ME 04543

2 Beds
1 Bath
1,020 Sq Ft
$180/mo HOA Fee

Recently Sold

$110 Per Sq Ft

3% Below List Price

1 Day on Market

Highlights

  • In Ground Pool
  • River Front
  • Deck
  • Great Salt Bay Community School Rated A-
  • River Nearby
  • Air Conditioning

About This Home

As of February 2024

Rare offering of the largest unit in the complex. End unit featuring a private storage area that could also convert to a larger finished living space. This unit also offers more privacy as it shares an entrance with only one other unit. Top floor of the complex with two decks with views of the Damariscotta River. The Riverwalk Condos is close to downtown as well as convenient access to Route 1. Enjoy launching your kayak or canoe on the river via a pleasant path down to the water that joins with the Damariscotta River Link trail. A wonderful place to simplify your lifestyle or have an easy care second home. This unit has also had a successful short and long term rental history.

Last Agent to Sell the Property

Kirstie Ransdell

Keller Williams Realty Listed on: 05/01/2019

Keller Williams Realty

Last Buyer's Agent

Debby Schling

Drum & Drum Real Estate Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $892

Year Built

  • Built in 1987

Lot Details

  • River Front
  • Landscaped
  • Open Lot

HOA Fees

  • $180 Monthly HOA Fees

Property Views

  • Water
  • Scenic Vista

Home Design

  • 1,020 Sq Ft Home
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • River Nearby
  • Deck

Location

  • City Lot

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic System
  • Private Sewer

Community Details

  • 2 Buildings
  • 21 Units

Listing and Financial Details

  • Tax Lot 17-114
  • Assessor Parcel Number DAMA-000003-000000-000017-000114

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$892

Year Built

Built in 1987

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.16
  • Road Surface Type: Paved
  • Water Body Name: Damariscotta
  • MLS Status: Closed
  • Directions: Business Route 1A North from downtown Damariscotta. Property is 4/10 of a mile north of Biscay Road on the left.
  • Above Grade Finished Sq Ft: 1020.0
  • Architectural Style: Townhouse
  • Garage Yn: No
  • Year Built: 1987
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Lot Size Acres -: 3.16
  • Property Information:Total Baths: 1.0
  • Property Information:SqFt Finished Above Grade: 1020.0
  • Property Information:Garage: No
  • Site:Level: Yes
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: Yes
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Floors:Carpet: Yes
  • Electric:Circuit Breakers: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Location Information:Association Fee: 180.0
  • Location Information:Fee Frequency Paid: Monthly
  • Foundation Materials:Slab: Yes
  • Exterior:Vinyl Siding: Yes
  • Heat Fuel:Electric: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 21
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Foundation Materials:Poured Concrete: Yes
  • Gas:No Gas: Yes
  • Roof:Composition2: Yes
  • Parking:On Site2: Yes
  • Exterior:Wood Siding: Yes
  • Sewer:Private Sewer: Yes
  • Parking:Paved3: Yes
  • Recreational Water:RiverBrookStream: Yes
  • Sewer:Septic Existing on Site: Yes
  • View:Scenic: Yes
  • Cooling:AC Units: Yes
  • Condominium:Total Units4: 22
  • Condominium:_pound_ of Buildings: 2
  • Style:Townhouse: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Refrigerator, Microwave, Electric Range
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Lot Features: Level, Open Lot, Landscaped, Intown, Near Shopping, Near Town
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront Features: River
  • Waterfront: No
  • Construction Type: Wood Siding, Vinyl Siding, Wood Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 21+ Spaces, Paved, Common, On Site

Utilities

  • Security: Fire System
  • Cooling: A/C Units, Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Private Sewer, Septic Existing on Site
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 137649.6
  • Parcel #: DAMA-000003-000000-000017-000114
  • Zoning: C1/Rur/SL

Multi Family

  • Number Of Units In Community: 21
  • Number Of Units Total: 22

Tax Info

  • Tax Annual Amount: 892.0
  • Tax Book Number: 4642
  • Tax Lot: 17-114
  • Tax Map Number: 3
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 20, 2024
Sold by
Garrigue Matthew and Mccann Mary A
Bought by
Bargeron Carol L
Seller's Agent
Debby Schling
Newcastle Realty
Buyer's Agent
Debby Schling
Drum & Drum Real Estate Inc.
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%
Views
3
Current Estimated Value
$249,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,158
Avg. Annual Appreciation
3.80%
Original Mortgage
$188,000
Outstanding Balance
$185,649
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$61,301
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $188,000 Adjustable Rate Mortgage/ARM
Closed $188,000 Adjustable Rate Mortgage/ARM
Previous Owner $69,375 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $235,000 -5.6% $209 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
11/01/2023 11/01/23 For Sale $249,000 +122.3% $222 / Sq Ft
06/14/2019 06/14/19 Sold $112,000 -2.6% $110 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $115,000 -- $113 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,221 $66,000 $17,900 $48,100
2023 $1,033 $66,000 $17,900 $48,100
2022 $922 $55,400 $15,000 $40,400
2021 $881 $55,400 $15,000 $40,400
2020 $893 $55,800 $15,000 $40,800
2019 $881 $54,700 $15,000 $39,700
2018 $892 $54,700 $15,000 $39,700
2017 $921 $54,700 $15,000 $39,700
2016 $942 $54,700 $15,000 $39,700
2015 $933 $54,700 $15,000 $39,700
2014 -- $54,700 $15,000 $39,700
2013 $826 $54,700 $15,000 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1412197

Maine Listings

APN: DAMA-000003-000000-000017-000114